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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(02/04/10) Prestowitz Quoted in L.A. Times

Treasury Secretary Geithner says China is likely to let currency appreciate

A revalued yuan would address a long-sought U.S. goal that could help boost American exports and create more jobs.

By Don Lee

Reporting from Washington ? Treasury Secretary Timothy F. Geithner said Thursday that China was likely to let its currency appreciate -- addressing a long-sought U.S. goal that could help boost American exports and create more jobs.

Though Geithner didn't specify when he expected Beijing to loosen its grip on the yuan, his statement to the Senate Budget Committee struck an optimistic note against a background of deepening tensions with Beijing, partly over economic policy but also over arms sales to Taiwan and President Obama's plans to meet with the Dalai Lama.


Click Here to Continue Reading the Article at the Los Angeles Times.

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